Seasonal Concerns over Cyber Attacks Lead to Network Reassessments

As businesses and banks prepare for increased rates of commerce over the holiday season, both companies and consumers are becoming increasingly concerned about their privacy online.

Fraud prevention firm ThreatMetrix has warned that UK retailers can expect to be hit with one million cyber fraud attacks a day over this holiday season, with research showing that more than 50 million attacks globally were expected over Black Friday and Cyber Monday week. This worry has perhaps been exacerbated this year as claims that Russian hackers helped to rig the US election have left many questioning the availability of “backdoor access”, or access to encrypted information.

To put in place the best systems to prevent cyber attacks without compromising security, many companies are examining all the options, one of which being the more traditional Ethernet set-up. Ethernet cables are expected to be a billion-dollar industry by 2022, with interest in this technology especially on the rise.

The benefits of Ethernet

There are a number of different advantages to Ethernet systems, such as speedy connection via the right cables, and ease of installation.

While the technology may have been around for some time (the earliest version was developed in the 1970s), regular testing and innovation ensures there are always new developments taking place. Many of the components required for successful, safe installation are low cost and easy to install, and because this technology has been around for so long, troubleshooting errors is made easy with the right support.

Building a safe Ethernet system requires some forethought, but when done correctly can limit unwanted access to important, classified information. For example, controlling access to ports to ensure no unauthorized devices are plugged in is one way to reduce tampering and keep the system secure. Ensuring data is encrypted when sent either within the network or to systems outside it can reduce the chances of interception, and for this fibre cabling is particularly ideal. To do this, a Virtual Private Network (VPN) will need to be created to add that extra level of security.

Wi-Fi can be subject to interference that cannot only make it easier for hackers to obtain information, but also disrupt service to the end-user in the process. In comparison, Ethernet is a more reliable service that, provided there is no damage or disruption to the wiring, should deliver optimal performance each time it is used.

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As businesses and banks prepare for increased rates of commerce over the holiday season, both companies and consumers are becoming increasingly concerned about their privacy online. Fraud prevention firm ThreatMetrix... Read more →